Adani Total Gas Reports Strong Q3 FY26 Growth

27 Jan 2026 CW Team

In Q3 FY26, combined compressed natural gas (CNG) and piped natural gas (PNG) volumes reached 289 million standard cubic metres, reflecting year-on-year growth of 12 per cent. The company expanded its CNG station network to 680 stations with the addition of 18 new outlets, while PNG household connections increased to 1.05 million homes with the addition of 34,210 new customers. Industrial and commercial connections rose to 9,751, with 148 new customers added during the quarter.

On a pan-India basis, combined CNG and PNG volumes stood at 460 million standard cubic metres, up 15 per cent year-on-year. The combined network expanded to 1,120 CNG stations, while PNG home connections crossed 1.25 million, reflecting steady growth in household adoption. The company also strengthened its steel pipeline network, supporting long-term distribution capacity.

Financially, ATGL reported Q3 FY26 revenue from operations of Rs 16.31 billion, up 17 per cent year-on-year. EBITDA increased by 15 per cent to Rs 3.13 billion, while profit after tax (PAT) rose by 10 per cent to Rs 1.57 billion. Consolidated PAT stood at Rs 1.59 billion for the quarter.

For 9M FY26, revenue from operations reached Rs 46.92 billion, representing year-on-year growth of 19 per cent. EBITDA rose by 3 per cent to Rs 9.16 billion, while PAT stood at Rs 4.81 billion. Consolidated PAT for the nine-month period was Rs 4.87 billion. Q3 FY26 and 9M FY26 EBITDA stood at Rs 3.14 billion and Rs 9.19 billion respectively, underscoring sustained profitability despite input cost pressures.

ATGL continued to expand its clean energy footprint beyond gas distribution. Adani TotalEnergies E-mobility Limited increased installed electric vehicle charging points to 4,908 across 26 states and union territories and 226 cities, while installed capacity rose to 51 MW. Adani TotalEnergies Biomas Limited reported sales of 1,218 metric tonnes of compressed biogas in 9M FY26, with fermented organic manure sales crossing 1,000 tonnes.

Despite challenges such as higher LNG costs and currency volatility, the company ensured uninterrupted gas supply and continued to deliver volume, revenue and EBITDA growth. ATGL’s consumer-centric pricing approach and expanding infrastructure underline its strategic focus on affordability, sustainability and long-term growth in India’s energy transition.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Adani Total Gas Limited (ATGL) reported robust operational and financial performance in Q3 FY26 and the nine months ended FY26, supported by rising gas volumes, expanding infrastructure and improving profitability across its city gas distribution network. In Q3 FY26, combined compressed natural gas (CNG) and piped natural gas (PNG) volumes reached 289 million standard cubic metres, reflecting year-on-year growth of 12 per cent. The company expanded its CNG station network to 680 stations with the addition of 18 new outlets, while PNG household connections increased to 1.05 million homes with the addition of 34,210 new customers. Industrial and commercial connections rose to 9,751, with 148 new customers added during the quarter. On a pan-India basis, combined CNG and PNG volumes stood at 460 million standard cubic metres, up 15 per cent year-on-year. The combined network expanded to 1,120 CNG stations, while PNG home connections crossed 1.25 million, reflecting steady growth in household adoption. The company also strengthened its steel pipeline network, supporting long-term distribution capacity. Financially, ATGL reported Q3 FY26 revenue from operations of Rs 16.31 billion, up 17 per cent year-on-year. EBITDA increased by 15 per cent to Rs 3.13 billion, while profit after tax (PAT) rose by 10 per cent to Rs 1.57 billion. Consolidated PAT stood at Rs 1.59 billion for the quarter. For 9M FY26, revenue from operations reached Rs 46.92 billion, representing year-on-year growth of 19 per cent. EBITDA rose by 3 per cent to Rs 9.16 billion, while PAT stood at Rs 4.81 billion. Consolidated PAT for the nine-month period was Rs 4.87 billion. Q3 FY26 and 9M FY26 EBITDA stood at Rs 3.14 billion and Rs 9.19 billion respectively, underscoring sustained profitability despite input cost pressures. ATGL continued to expand its clean energy footprint beyond gas distribution. Adani TotalEnergies E-mobility Limited increased installed electric vehicle charging points to 4,908 across 26 states and union territories and 226 cities, while installed capacity rose to 51 MW. Adani TotalEnergies Biomas Limited reported sales of 1,218 metric tonnes of compressed biogas in 9M FY26, with fermented organic manure sales crossing 1,000 tonnes. Despite challenges such as higher LNG costs and currency volatility, the company ensured uninterrupted gas supply and continued to deliver volume, revenue and EBITDA growth. ATGL’s consumer-centric pricing approach and expanding infrastructure underline its strategic focus on affordability, sustainability and long-term growth in India’s energy transition.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..